HDFC Arbitrage Fund -Direct Plan - Growth Option
HDFC Arbitrage Fund -Direct Plan - Growth Option

HDFC Arbitrage Fund -Direct Plan - Growth Option

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 27.3 as on 29-05-2023

Fund Performance

Fund Insights

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In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5% return, outperforming HDFC Arbitrage Fund -Direct Plan - Growth Option by 0.47% per annum

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HDFC Arbitrage Fund -Direct Plan - Growth Option expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.43% which is lower than the category average expense ratio of 0.7%

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Over the last 6 months, HDFC Arbitrage Fund -Direct Plan - Growth Option has experienced a 9.2% drop in AUM moving from 5.96K Cr to 5.41K Cr

About the Fund

HDFC Arbitrage Fund -Direct Plan - Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Priya Ranjan, Nirman Morakhia, Arun Agarwal, Anil Bamboli. This fund gives you the benefit of diversification.

Key parameters

1) HDFC Arbitrage Fund -Direct Plan - Growth Option has a NAV of 27.254 as on 29-05-2023.

2) HDFC Arbitrage Fund -Direct Plan - Growth Option has 5416 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.

3) The fund has an expense ratio 0.43 %.

HDFC Arbitrage Fund -Direct Plan - Growth Option Overview

Expense ratio
Expense ratio
0.43%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹5416 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹0
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
261.56%

Fund Distribution as on (30-Apr-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Apr'23

Mar'23

Feb'23

Cash Equivalent

87.2%

Corporate

7%

Government

5.7%

Top Holdings of HDFC Arbitrage Fund -Direct Plan - Growth Option as on (30-Apr-23)

  • Equity

Equity Holdings116

HDFC Arbitrage Fund -Direct Plan - Growth Option: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
0.75%
0.75%
0.75%
Arbitrage Fund Index
0.67%
0.67%
0.67%
  • This fund’s returns stands at 0.75% whereas the fund’s underlying benchmark Arbitrage Fund Index returns stands at 0.67% as on Apr'23
  • This fund outperformed Arbitrage Fund Index by 0.08% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 5.4K Cr
₹ 5.3K Cr
₹ 5.9K Cr
  • AUM of the fund stands at 5.4K Cr as of Apr'23
  • AUM increased by 154.2 Cr between Apr'23 and Mar'23

Fund Portfolio Changes

HDFC Arbitrage Fund -Direct Plan - Growth Option Fund Manager

Priya Ranjan

Priya Ranjan

Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 1 May 2022
Nirman Morakhia

Nirman Morakhia

Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 15 February 2023
Arun Agarwal

Arun Agarwal

Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 24 August 2020
Anil Bamboli

Anil Bamboli

Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 1 February 2022

Fund Highlights

Risk meter
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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.39% since inception which is more than its category average return of 5.07%
AUM size ₹5416 Cr

AUM size ₹5416 Cr

This fund has AUM of ₹5416 Cr which is more than its category average of ₹ 2905 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of HDFC Arbitrage Fund -Direct Plan - Growth Option is ₹27.25 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
HDFC Arbitrage Fund -Direct Plan - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.79%
3.79%
1 Year Returns
6.15%
6.15%
3 Years Returns
14.21%
4.53%
5 Years Returns
29.37%
5.29%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.43% as on April 2023
₹5416 Cr as on April 2023
Reliance Industries Ltd(6.02%), ICICI Bank Ltd(5.49%), Kotak Mahindra Bank Ltd(3.44%), HDFC Bank Ltd(3.14%), Bajaj Finance Ltd(2.77%) as on April 2023
Cash Equivalent(86.17%), Corporate(7.53%), Government(6.62%) as on April 2023
AAA
100
Priya Ranjan, Nirman Morakhia, Arun Agarwal, Anil Bamboli are the fund managers of HDFC Arbitrage Fund -Direct Plan - Growth Option
The Exit load of HDFC Arbitrage Fund -Direct Plan - Growth Option is 0.25%